Astros Sale To Jim Crane Will Likely Be Wrapped Up Next Week

Zachary Levine and Richard Justice of The Houston Chronicle have dug around and the school of thought seems to be that the Astros sale will be officially wrapped up sometime next week.

McLane has been vague in his dealings when reached for comment, only saying that nothing would happen this week. However, more details of the deal are coming into the light. Crane’s group will have about eight or ten investors total, they will get a big share of the new regional sports network that the Astros are teaming up with the Rockets to create, and also will be liable for the lease payments on Minute Maid Park.

One underlooked aspect of the sale is the reported $680 million price that McLane will fetch. That’s more than the Rangers were sold for, and they’re a better team in a bigger market. That regional sports network contract must be a real doozy for Crane and company to pony up so much money for the Astros.

Here’s hoping he still has enough left over to bring some actual improvement to the ballclub, which as of this writing is the worst team in baseball by win percentage.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Houston

You must be a member of SB Nation Houston to participate.

We have our own Community Guidelines at SB Nation Houston. You should read them.

Join SB Nation Houston

You must be a member of SB Nation Houston to participate.

We have our own Community Guidelines at SB Nation Houston. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.